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24 October 2019 • By Lachlan Maddock • 1 min read

WiseTech hits back at J Cap claims

WiseTech has released a second statement addressing the latest research from J Capital, refuting many of its claims and casting doubt on others

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GSFM buys MLC stake in Redpoint

GSFM has acquired a 49 per cent equity stake in boutique quantitative equities specialist Redpoint Investment Management from MLC Asset Management

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Westpac takes $341m profit hit in second half

The big four bank has today announced that its cash earnings for the second half of 2019 will be reduced by $341 million due to customer remediation ...

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ASIC, European regulator enter Aus benchmark agreement

ASIC has signed a memorandum of understanding (MOU) with the European Securities and Markets Authority (ESMA) to set out cooperation arrangements in ...

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Could algorithms destabilise the entire financial system?

This critical question was raised by the World Economic Forum as it considered the impact of artificial intelligence on financial services

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Average Aussie worth $562,000: Credit Suisse

Weaker real estate prices and the depreciation of the Aussie dollar against the US have reduced the number of millionaires in Australia over the last ...

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Equip, Catholic Super launch $26bn joint venture

Catholic Super and Equipsuper have merged to create a $26 billion venture, while hinting at potentially further consolidating with other ...

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A third of world banks are unprepared for a downturn

Over a third of the world’s banks lag on technology and scale, and are unprepared for an economic downturn, according to global consultancy firm ...

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AMP Capital raises record-breaking sum for infrastructure debt

AMP Capital has drawn on the interest of institutional investors to complete the largest ever round of capital raising for its infrastructural debt ...

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Fund manager says investors are missing after-tax alpha

Members of superannuation funds should be comparing more than pre-tax fund performance and looking at total after-tax returns, according to a fund ...

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